Answer:
c. supply of bicycles will shift to the left.
Explanation:
If the minimum wage is increased, the cost of hiring labour increases and this increases the cost of production. The increase in the cost of production makes producers reduce supply in a bid to cut down cost.
A reduction in supply leads to a leftward shift of the supply curve.
I hope my answer helps you
Answer:
1. B. Nurses and doctors.
C. X-ray technician.
E. A nursing home.
2. Decrease; Increase
Explanation:
1. To produce medical care means to have the capacity to give medical care and this is what doctors and nurses do. When you go to a hospital and they diagnose and recommend treatment, they are producing medical care. In Nursing homes this is also done as they have full time medical staff that provide health care to their clients so they are also considered producers of medical care.
An X-ray technician produces medical care by showing the parts of the body that may have been damaged.
2. If the number of medical care producers increase, the equilibrium price will go down because the shift in the supply curve to the right will intercept the demand curve for medical care at a lower point thereby decreasing equilibrium price.
Consumer surplus refers to the difference between the price that customers would have paid and the price they are paying so with the prices lower, consumers will see their surplus increase.
The Range is the result of subtracting the smallest number from the largest number.
Answer:
Mediation.
Explanation:
This is explained to be a process that has been well structured which is seen to be plain and also interactive, having compulsorily a third party who is impartial in conflict resolution that is seen to be between an employee and a said organisation. Certain mediation cases may be seen to be informal meeting among the parties or a scheduled settlement conference. This dispute in some cases when it is a little blown out of proportion by the mediator, may either be pending in a court or potentially a dispute which may be filed in court. Cases suitable for mediation are disputes in commercial transactions, workers compensation, labor or community relations, domestic relations, employment or any other matters which do not involve complex procedural or evidentiary issues.
Answer:
The correct answer is True.
Explanation:
As mentioned, it is necessary to know that the employee who enters a new company does so under a series of basic skills and knowledge that must be improved and increased over time, so a system based on knowledge and skills must recognize the effort of workers to specialize in their tasks effectively, performing their duties in a committed, fast and quality manner.
